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NEXON Co.
Distilling the key insights…
Nexon achieved strong financial performance in the second quarter of 2015, recording a 16 percent year-over-year revenue increase to ¥42.7 billion. This growth was underpinned by the sustained popularity of the flagship title Dungeon&Fighter within the Chinese market, alongside the successful international expansion of mobile offerings such as DomiNations. Net income saw a significant boost during this period, bolstered by favorable foreign exchange fluctuations and tax benefits, reflecting the company’s ability to capitalize on global market dynamics.
The company is currently executing a strategic transition toward a mobile-first portfolio while simultaneously leveraging its established PC franchise base. This dual-track approach is supported by a robust development pipeline that integrates in-house production with strategic global partnerships. Looking ahead to the third quarter of 2015, operating income is projected to fall between ¥14.3 and ¥17.3 billion. While the company anticipates higher expenditures related to marketing and human resources, these costs are expected to be offset by growth in the PC segment and a reduction in royalty obligations.
Reflecting confidence in its operational trajectory and financial health, the company declared an interim dividend of ¥5 per share for the period ending June 30, 2015. Although the outlook remains positive, management acknowledges that future performance is subject to inherent industry risks, including regulatory shifts and operational volatility. By balancing aggressive mobile expansion with the stability of its core PC titles, the organization aims to maintain its competitive position across diverse global markets throughout the remainder of the fiscal year.
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